MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0054373
Redemaco Engineering Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.34 Cr
▼ 13% YoY
Net profit · FY 2024
₹1.01 Cr
Net margin 7.6%
EBITDA · FY 2024
₹1.31 Cr
EBITDA margin 9.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹14.91 Lakh
Issued & subscribed
Open charges
₹3.86 Cr
Satisfied ₹1.95 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
23
Provident fund records
About Redemaco Engineering Private Limited
Data last updated:
Redemaco Engineering Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 March 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1980PTC022310. Its GSTIN is 27AAACR5725N1Z0 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.91 Lakh. It is led by directors including Subhash Vithal Pethe (Managing Director) and Saurabh Subhash Pethe (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Purushottam Niwas6 Park Road Vile Parle(East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.34 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 7.6%) and EBITDA of ₹1.31 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 11% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Redemaco. As per MCA filings, the company has open charges of ₹3.86 Cr and satisfied charges of ₹1.95 Cr on record.
Redemaco Engineering Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0054373). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website redemaco.com.
Company details
CIN U74210MH1980PTC022310
Registration Number 022310
Incorporation Date 07 March 1980
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0054373
Key People
Subhash Vithal Pethe Managing Director Saurabh Subhash Pethe Whole-Time Director Madhavrao Unhelkar Director Recognitions & Rankings of Redemaco Engineering
Contact details
Redemaco Engineering Private Limited's registered office is in Mumbai, Maharashtra. Its website is redemaco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPurushottam Niwas6 Park Road Vile Parle(East), Mumbai, Maharashtra, India – 400057
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Redemaco Engineering Private Limited, buy the company report.
Comprehensive company report
Redemaco Engineering Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Redemaco Engineering operates one associated brand: Redemaco. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of surface preparation equipment and systems in India. | redemaco.com |
Business activity
The main business activity of Redemaco Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Redemaco Engineering Private Limited, buy the company report.
Financials of Redemaco Engineering Private Limited
FY 2024 filings availableRedemaco Engineering Private Limited reported revenue of ₹13.34 Cr (down 13% YoY) for FY 2024.
Revenue · FY 2024
₹13.34 Cr ▼ 13%
Net profit · FY 2024
₹1.01 Cr margin 7.6%
EBITDA · FY 2024
₹1.31 Cr margin 9.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 35%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 117%
5 years · compounded
▲ 10%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.01 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 7.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Redemaco Engineering Private Limited, buy the company report.
Board of directors of Redemaco Engineering Private Limited
Redemaco Engineering has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Subhash Pethe | Whole-Time Director | 19 Jul 2013 | 13 Years 3 Months | Current |
| Subhash Vithal Pethe | Managing Director | 17 Jun 1987 | 39 Years 4 Months | Current |
| Madhavrao Unhelkar | Director | 06 Jun 2008 | 18 Years 4 Months | Current |
Auditor
Redemaco Engineering Private Limited is audited by VIJAY LAXMANDAS BATHIJA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY LAXMANDAS BATHIJA | FY 2023 | 015203 |
Shareholding
The shareholding of Redemaco Engineering Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Redemaco Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.86 Cr
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2002 | 90229754 | Others | ₹3.5 Cr | Open | |
| 31 Oct 2001 | 90231095 | Corporation Bank | ₹4.5 Lakh | Open | |
| 17 Jul 2001 | 90229698 | Corporation Bank | ₹1.3 Lakh | Open | |
| 10 Feb 2001 | 90229644 | Corporation Bank | ₹27 Lakh | Open | |
| 04 Sep 1980 | 90227555 | Corporation Bank | ₹3 Lakh | Open |
To see the full charge records of Redemaco Engineering Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
No court or tribunal cases involving Redemaco Engineering Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Redemaco Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Redemaco Engineering Private Limited has a workforce of 23 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
-8%
GST
Redemaco Engineering has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR5725N1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Redemaco Engineering Private Limited, buy the company report.
Recent activity
Redemaco Engineering Private Limited has 5 board changes on record since 1987: 3 appointments and 2 cessations. The latest: Deepak Shantaram Desai ceased to be Additional Director on 11 Aug 2025.
Ceased
Deepak Shantaram Desai ceased to be Additional Director.
AGM
Redemaco Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 350.00 Lakh registered on 16 Feb 2002 with Charge ID 90229754 was modified on 30 Aug 2024.
Filing
Redemaco Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 19 Mar 2016 via Charge ID 100025828 with Others was fully satisfied on 08 Jul 2016.
Ceased
Nagesh Athanikar ceased to be Director.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100025828 was registered on 19 Mar 2016.
Appointed
Saurabh Subhash Pethe was appointed as Whole-Time Director.
Charges
A charge registered on 23 Mar 2009 via Charge ID 10152270 with Corporation Bank was fully satisfied on 17 Oct 2012.
Charges
A charge registered on 21 Nov 2006 via Charge ID 10027899 with Corporation Bank was fully satisfied on 04 Dec 2009.
Charges
A charge with Corporation Bank amounted to Rs. 5.20 Lakh with Charge ID 10152270 was registered on 23 Mar 2009.
Appointed
Madhavrao Unhelkar was appointed as Director.
30 earlier events are in the company report.
Frequently asked questions
Redemaco Engineering is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 March 1980 (46+ years old) and is registered under CIN U74210MH1980PTC022310.
Redemaco Engineering has 3 current directors:
- Subhash Vithal Pethe - Managing Director
- Saurabh Subhash Pethe - Whole-Time Director
- Madhavrao Unhelkar - Director
The latest financial statements of Redemaco Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Redemaco Engineering is 27AAACR5725N1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Redemaco Engineering is U74210MH1980PTC022310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Redemaco Engineering was incorporated on 07 March 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Deepak Shantaram Desai ceased to be Additional Director on 11 Aug 2025. Nagesh Athanikar ceased to be Director on 30 Mar 2016. Saurabh Subhash Pethe was appointed as Whole-Time Director on 19 Jul 2013. Redemaco Engineering has 5 board changes on record in total.
Yes, Redemaco Engineering is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0054373).
Redemaco Engineering can be reached through the website redemaco.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Redemaco Engineering is at Purushottam Niwas6 Park Road Vile ParleEast, Mumbai, Maharashtra, India – 400057.
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